Disliked{quote} 1000 pips with 0.01 lot size yeah so that gives you 100$ very impressive, I make 100$ on each 3 pips. so better talk money and not pips.Ignored
because you can for example do this.
say you entered 1 LOT, lost 2000 USD thats 200 pips lost.
then he decides to go haywire and revenge trade.... 5 Lots, won 3000 USD, thats only a 60 pips gain...
overall the account is up by 1000 USD, but pip wise its still -140 pips under water....
so you can see its not the money that shows the trading skill. its the amount of pips a trader can gain. trade sizes are a cover up.
besides. for a trader with 1000 usd to get up to 2000 is the same as a trader to get from 1million up to 2 million...
in fact its probably harder for the smaller guy to get from 1000 to 2000, because.
1. he cant influence the market.
2. he is constantly being cornered by brokers who cant go any lower than 0.01 lot when things go tits up for them..... meanwhile the guys millions to play with have literally countless more size variation to play with....
so I actually salute traders who managed to get an account to grow from 100 USD, because its incredibly hard to do it.
We live in a finite world with infinite possibilities.